2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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USA
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China
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India
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Russia
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Detailed explanation-1: -Notes: The ‘Saudi-Iran Détente’ is a peace deal between Iran and Saudi Arabia which was recently brokered by China. It is seen as Beijing’s step towards gaining a major influence in West Asia, where it has economic and political interests and rivalry with the US and the western powers.
Detailed explanation-2: -For years, China has been a top oil importer for both Iran and Saudi Arabia. It sought stability in the Persian Gulf for the safe passage of oil and goods. President Ebrahim Raisi’s February 2023 visit to China appeared to have paved the way for the trilateral announcement.
Detailed explanation-3: -Saudi Arabia also significantly strengthened its energy ties with China by announcing on Monday a $3.6 billion deal to buy 10% of China’s Rongsheng Petrochemical, which would see it supply 480, 000 barrels per day of crude oil to the company.